BingChatGPT ‘pump & dump’ tokens emerging by the dozens: PeckShield
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Blockchain security firm PeckShield has raised the alarm after finding dozens of tokens purporting to be related to artificial intelligence (AI) powered chatbot ChatGPT.
In a Feb. 20 post, the firm revealed at least three “BingChatGPT” tokens
While a price drop on its own is not an indication of wrongdoing on the part of token creators, the firm noted that it examined 25 in particular and found “they were almost certainly designed for a pump and dump,” and had malicious honeypot code that prevents new buyers from selling the token.
